Fed’s Bullard: U.S. policy now ‘considerably’ looser, but markets may demand more
The Federal Reserve’s policy shift since last year has made monetary policy “considerably more accommodative” than a year ago, but world markets are likely expecting more to come, St. Louis Federal Reserve bank president James Bullard said on Monday.
Saudi Arabia to restore full oil output by next week: source
Saudi Arabia has restored more than 75% of crude output lost after attacks on its facilities and will return to full volumes by early next week, a source briefed on the latest developments told Reuters on Monday.
Ford recalls 322,000 cars over battery fire risk: kfz-Betrieb
Ford is recalling about 322,000 cars whose batteries could catch fire due to acid leakage, trade publication kfz-betrieb reported on Monday, citing Germany’s KBA federal motor authority.
Timeline: Key events in Huawei CFO Meng Wanzhou’s extradition case
Meng Wanzhou, chief financial officer of Huawei Technologies Co Ltd [HWT.UL], will appear in a Vancouver, Canada, courtroom on the first of three days of trial starting on Monday. Here is a timeline of the case and its geopolitical implications.
Apple to make new Mac Pro PCs in U.S. after some tariff exemptions
Apple Inc said on Monday it will make new Mac Pro desktop computers at its Austin, Texas facility, following some relief on tariffs by the U.S. government.
RIP Thomas Cook: holiday dreams washed away by tide of debt
Thomas Cook sold tens of millions of Britons a summer holiday to remember with the slogan “Don’t just book it, Thomas Cook it”.
‘Absolutely gutted’: demise of Thomas Cook wrecks travelers’ plans
Holidaymakers hit by the collapse of Thomas Cook , the world’s oldest tourist firm, desperately scrambled for information on Monday on how to get home, as Britain mounted its largest repatriation effort since World War Two.
Hundreds of thousands stranded after travel firm Thomas Cook collapses
Hundreds of thousands of holidaymakers were stranded on Monday by the collapse of the world’s oldest travel firm Thomas Cook , sparking the largest peacetime repatriation effort in British history.
Thomas Cook’s Condor to continue operations, seeks bridging loan from Germany
Thomas Cook’s German holiday airline Condor has asked the German government for a bridging loan, the airline said on Monday, adding it would continue operating despite its parent company’s collapse.
Nissan, Ghosn settle U.S. SEC claims over undisclosed compensation
Nissan Motor Co and its former Chief Executive Carlos Ghosn have agreed to settle claims from the U.S. Securities and Exchange Commision over false financial disclosures related to Ghosn’s compensation, an SEC statement said on Monday.
